9h ago
Hyperion profit more than triples to $31M as HYPE treasury rises to $133M
Hyperion posted a second consecutive record quarter, with second-quarter net income of $31 million, sharply higher than the prior quarter. Adjusted EBITDA rose to $53.7 million from $19.5 million. The company’s HYPE token holdings increased in value from $71 million to $132.6 million as the token price climbed from $36.60 to $65, ending the quarter with 2.04 million HYPE. Treasury gains totaled $54.8 million and operating expenses fell 21% to $2.3 million, while the stock is trading at $2.69.
HYPE
HYPE+3.77%
9h ago
9h ago
Nebius shares jump 34% after quarterly results, while CoreWeave gains 19% as investors split on next buy
Nebius and CoreWeave shares surged 34% and 19%, respectively, after the companies reported quarterly results. Nebius posted a 50% adjusted EBITDA margin in the second quarter and said annual recurring revenue rose 56% sequentially to $3 billion. The company expects customer prepayments to exceed $9 billion in 2026, easing some concerns over funding its $20 billion to $25 billion capital-spending plan. CoreWeave’s average price target still implies about 25% upside.
9h ago
9h ago
CBA shares slip to $172.72 after FY26 results as mortgage applications fall 15% since May
Commonwealth Bank of Australia released its FY26 results, posting sector-leading growth across home lending, business lending, consumer finance, household deposits and business deposits for the first time in 15 years. The bank declared a fully franked final dividend of $2.70 per share, taking FY26 dividends to $5.05 per share, up 4% year on year, with a 77% payout ratio. It also said home loan application volumes have fallen 15% since May, while the shares edged down on the day.
9h ago
9h ago
Datacentrex posts $1.9 million Q2 2026 revenue, ends June 30, 2026 with $51.9 million cash and no debt
Datacentrex reported second-quarter 2026 revenue of $1.9 million and a positive gross profit, while posting a GAAP net loss of $5.5 million. Net Cash Burn fell to about $61,000, an improvement of about 88% from the first quarter of 2026, bringing the company close to breakeven. As of June 30, 2026, Datacentrex had about $57.9 million in cash and digital assets combined and carried no debt. Adjusted EBITDA loss narrowed to about $1.3 million from about $1.7 million in the first quarter of 2026.
9h ago
10h ago
Cypherpunk posts $39.4M Q2 profit as $46M unrealized Zcash gain offsets $4.7M operating loss
Cypherpunk Technologies reported $39.4 million in second-quarter net income, reversing a $16.6 million loss a year earlier. The company posted a $4.7 million operating loss, but a $46 million unrealized gain on its ZEC treasury lifted results. Research and development expense totaled $0.2 million, while general and administrative expense was $4.5 million. The profit swing was driven by the accounting revaluation of its Zcash holdings without selling the tokens.
ETH
ETH-0.35%
10h ago
10h ago
Fidelity Ethereum Fund rolls out staking, allocates 85% of rewards to FETH holders
Fidelity’s Ethereum Fund (FETH) has added staking and will distribute 85% of the staking rewards generated from the fund’s Ethereum holdings to fund holders. The upgrade enables the fund to participate directly in Ethereum’s proof-of-stake validation process and earn yield. After the allocation, holders can receive additional staking income on top of any appreciation in the underlying assets.
ETH
ETH-0.35%
10h ago
11h ago
Corn jumps after NASS cuts yield to 180.7 bpa and lowers ending stocks
USDA’s NASS slashed its August corn yield estimate to 180.7 bushels per acre and lowered projected ending stocks, tightening the supply outlook. The agency raised planted area by 1.4 million acres, but the revised balance sheet still sparked a sharp rally. CmdtyView’s national average cash corn price rose 20.25 cents to $4.2725, while CBOT December corn gained 20.25 cents to $4.8075. EIA data showed ethanol output edged up to 1.117 million barrels per day and inventories also increased slightly.
11h ago
11h ago
Virgin Galactic shares drop about 10% after hours as first commercial service for next-generation spacecraft slips to February 2027
Virgin Galactic reported a GAAP loss of $0.50 per share, better than expected, but revenue was $134,000, down 67% year over year. Net loss narrowed to $56 million, helped by lower operating expenses and an $8.6 million gain related to debt extinguishment. The company said $750,000 spaceflight expeditions were oversubscribed, booking more than $50 million in expected future revenue.
11h ago